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Australia : DOWNER EDI wins A$2B deal from ADANI MINING in AUSTRALIA.

Australian engineering firm Downer EDI has won deals worth A$2bn ($1.6bn) from Adani Mining to offer mining services and building of mine infrastructure at the Carmichael Coal Mine in Central Queensland.

The five-year mining services deals with two further one-year options would have a combined value of over seven years.

The deal will see Downer looking after statutory management and mine operations, drilling and blasting, as well as the load and haul of waste and coal.

The engineering firm will also implement the the engineering, procurement and construction of on-site infrastructure and preparatory civil works at the thermal coal mine sited in the Galilee Basin.

Adani Mining will offer the capital for the major fleet for the mining services deal.

Adani Australia country head and CEO Jeyakumar Janakaraj stated : "The Carmichael mine lies at the heart of these projects, which will deliver vital export opportunities for Queensland, 10,000 jobs, $22bn in taxes and royalties to be invested right back into frontline services across our state, and crucial work opportunities for small and medium-sized businesses. This partnership with Downer reflects the clear confidence that tier one firms have in Adani's projects and we welcome the chance to work with such a respected, proven partner on this critically important task."

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Publication:Mena Report
Geographic Code:8AUST
Date:Dec 20, 2014
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